Johannesburg – Delegates from around the world attending a small business conference held in the city praised a long-term plan by the Malaysian government to assist small businesses, with members from South African business associations holding up the plan as a model that the country could learn from. [Read more…]
Businesses urged to seize trade opportunities
Pretoria – South Africa’s business community should seize trade and investment opportunities in Benin while both countries should work harder to…
GlobalBuzz-SA – Business News
Current account deficit widens
Pretoria – South Africa’s current account deficit widened to 6.4% of gross domestic product, its biggest since 2008, said the Reserve Bank.
“With South Africa’s terms of trade also registering a modest further deterioration, the deficit on the current account of the balance of payments widened to 6.4% of gross domestic product, the highest deficit ratio since the third quarter of 2008,” said the Reserve Bank in its September Quarterly Bulletin released on Tuesday. [Read more…]
A strong brick for SA’s development
Johannesburg – South Africa’s BRICS membership remains crucial for the country’s economic development and that of the continent, International Relations and Cooperation Minister Maite Nkoana-Mashabane said on Tuesday. [Read more…]
Reserve bank’s chief economist to retire
Pretoria – Chief Economist at the Reserve Bank and advisor to the Governor Dr Monde Mnyande has opted to go on early retirement, said the Reserve…
GlobalBuzz-SA – Business News
SA wants extension of African Growth Act
Pretoria – The South African government would like an extension of the African Growth and Opportunity Act (Agoa) for a reasonable amount of time,…
GlobalBuzz-SA – Business News
SA, Botswana sign trade agreement
South Africa and Botswana have signed a memorandum of understanding to promote trade and investment between the two countries and create opportunities for industrialisation and the manufacturing sectors. [Read more…]
Zuma highlights weakness in supply chain management
Pretoria – There needs to be a clear separation of responsibilities between politicians who should not be involved in supply chain management and…
GlobalBuzz-SA – Business News
Banks discuss unsecured lending
Pretoria – Discussions around the spike in unsecured lending, global challenges and infrastructure growth formed the crux of the meeting held on Monday between Finance Minister Pravin Gordhan and the banking industry. [Read more…]
Construction sector to sign historic accord
Pretoria – Stakeholders in the construction sector are to sign a historic accord aimed at improving safety in the industry on Friday.
These include…
GlobalBuzz-SA – Business News